Demand is slowing down, addressable market of various businesses are shrinking, competition has intensified, business sentiments are low, world’s biggest economies are in recession and market valuations are at historic lows—seriously, the time has come to witness history’s biggest consolidation phase. We intend to re-start our blog to track the M&A and PE related events in India and in the world which will have likely impact on India. Keep visiting.
Thursday, March 26, 2009
Graphite to consider demerger of Powmex Steels
The company has board meet on March 27 to consider demerger of Powmex Steels of GKW into itself. Story to follow.
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